BasedLine

Date:22-Jan-2014
KSE-100 Index
 
Previous Index 27,000.95
Current Index 27,104.70
Change % 0.38
YTD (CY14)% 7.30
YTD (FY14)% 29.04
Volume (mn) 166.49
Capitilization (USDbn) 15.59
FIPI (USDmn)(Daily) 4.49
FIPI (USDmn) (YTD) 0.39

 

KSE-100 Index
Previous Index 44,684.85
Current Index 44,912.59
Change % 0.51
YTD (CY14)% 5.85
YTD (FY14)% 22.33
Volume (mn) 73.15
Capitilization (USDbn) 8.32

International Indicators
 
Close
%age
BSE-30 21,251.12 0.22
HANGSENG 23,033.12 0.45
NIKKEI 225 15,795.96 0.99
FTSE 6,834.26 -0.04
DJIA 16,414.44 -0.27
SSEC 2,041.84 1.89
NASDAQ 4,225.76 0.67

 
Close
%age
TASI 8,734.49 0.08
KSE(Kuwait) 7,756.11 0.23
BSE 1,276.66 -0.26
MSM 7,176.27 0.16
ADX 4,580.97 0.24
DFM 3,665.42 -0.12
QSE 11,147.39 0.68

KIBOR
 
%age
3 Months 10.09
6 Months 10.14
12 Months 10.45

T-Bills
%age
3 Months 9.85
6 Months 9.94
12 Months 10.00

Bonds
 
%age
3-Y PIB 11.64
5-Y PIB 12.11
10-Y PIB 12.50
20-Y PIB 12.97
30-Y PIB 13.08
Capital Market Overview

Market watch: Index continues to sail upward

The index continued with its upward trend amid an upbeat broader market sentiment with index touching new highs above 27, 000. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.38% or 103.75 points to end at 27,104.70. more... (ET)

News Clippings

December 2013 period: current account balance posts $285 million surplus

The country's current account balance posted a $285 million surplus in December 2013, mainly due to rising foreign inflows. Economists said that surplus current account is a positive indication for the economy. more... (BR)

Better performance: Large-scale manufacturers post impressive figures

The large scale manufacturing industry (LSM) has performed better than expected in the first five months of the current fiscal year, indicating that the country is likely to achieve a better growth rate this year, according to economic experts.. more... (ET)

SBP may allow physical import of dollar

In order to enhance dollar inflows, the State Bank of Pakistan is likely to permit exchange companies physical import of the greenback, lifting a ban imposed some 5 years ago. more... (BR)

Pakistan, India inch forward towards 500 megawatts power deal

Islamabad is reportedly waiting for New Delhi's response to the proposed talks to finalise the much talked-about deal on the import of 500 MW electricity, well informed soources told Business Recorder. more... (BR)

IMF sees higher global growth

The International Monetary Fund raised its global growth forecasts for the first time in nearly two years on Tuesday amid rising demand and inventories in advanced economies, which picked up the mantle of growth from emerging markets. more... (N)

FBR’s performance review : Rs 1,031 billion collected in first half of FY14

A performance review meeting at Federal Board of Revenue (FBR) was informed on Tuesday that tax revenue of Rs 1,031 billion was collected till December 31, 2013. Besides it has refunded Rs 56 billion against sales tax as compared to Rs 44 billion in the corresponding period of last fiscal. Federal Minister for Finance Ishaq Dar reviewed the performance of FBR for the period July-December 2013 at the FBR House. more... (DT)

Loan disbursements rise despite hurdles

Banks provided Rs159.3 billion in loans to farmers in the first-half of current fiscal year, which was 13.5% higher than the disbursement of Rs140.3 billion in the corresponding period a year ago, shows data released by the State Bank of Pakistan on Tuesday. more... (ET)

NAVs and Returns
as of January 21, 2014
Funds Offer Redemption
POGSF
10.3190/-
10.3190/-
YTD Return
6.27%
POAIIF
53.0958/-
52.5648/-
YTD Return
3.35%
POAAAF
58.18/-
56.73/-
YTD Return
11.52%
POIAAF
60.25/-
58.74/-
YTD Return
10.60%
POAF
10.93/-
YTD Return
7.55%

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Dec-13 Nov-13
MoM (%)
AUM's (PKR bn) 388.26 375.76 3.33
No of AMCs 23 23 0.00
No of Funds 193 191 1.05

Economic Highlights
 
GDP Growth FY13 3.60%
Per Capita Income $1,380
Reserves
(January 10, 2014)
$8.32bn
Trade Deficit
(Jul-Dec 13)
$(9.03)bn
Curr. A/C
(Jul-Dec 13)
$(1.59)bn
Remittances
(Jul-Dec 13)
$7.79bn
FDI (Jul-Dec 13) $416mn
CPI Gen. - YoY
(Dec-13)
9.18%
CPI Gen. - FY14
(Jul-Dec 13)
8.89%

Commodities
 
WTI (USD/bbl) 95.40
Gold Spot(USD/oz) 1,243.23
Cement (Rs./Bag) 516.94
Coal Spot(USD/ton) 82.80
Urea Fertilizer (Rs/bag) 1,878.08
DAP (Rs./bag) 1888.87
KCA Cotton (Rs/mound) 7050.00

 

Kindly Click here for PDF Version

(BR) Business Recorder, (D) Dawn, (ET) Tribune, (N) The News, (DT) Daily Times, (FD) The Financial Daily, (TN) The Nation, (KSE) Karachi Stock Exchange

Separator
Disclaimer:
This Bizz Info is being circulated for information purposes only and no action is being solicited based on it. Information and calculations presented in this news update have been generated from sources which we believe to be reliable, however we do not represent that it is accurate, complete and should be relied upon. Pak Oman Asset Management Company Ltd. does not assume any liability on it. This Bizz Info or any part of it should not be reproduced, published or distributed without prior permission.